According to the latest report by IMARC Group, titled “CBRN Defense Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global CBRN defense market to continue its moderate growth during the next five years.
CBRN stands for the malicious utilization of chemical, biological, radiological, and nuclear materials or weapons to cause significant harm or disruption. CBRN weapons are evidently replacing conventional arms based on their potential to affect the target on a larger scale. Additionally, these weapons render a long-lasting impact and affect mortality rates of current and future generations. CBRN defense is primarily deployed for mitigation, contamination avoidance, and undertaking protective measures. It is also used in adequate research for identifying defense measures which can be utilized in situations wherein advanced R&D activities of medical countermeasures are necessary.
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The growing number of terrorist activities coupled with the increasing need for advanced defense mechanisms is primarily driving the market for CBRN defense solutions. With the convenient procurement of chemicals and materials, the manufacturing of CBRN weapons has become easier, which, in turn, is fueling the demand for suitable defense systems. Besides this, numerous demilitarization initiatives, including the reduction of CBRN weapons stockpile, and the rising investments in CBRN resistance technologies, are also bolstering the market growth. Additionally, several key players are focusing on devising advanced CBRN defense products with enhanced effectiveness, detection capabilities, and rapid decontamination functions. They have also introduced CBRN reconnaissance vehicles with real-time monitoring capabilities, georeferencing chemical compounds, and LASER technology for long-range detection of CBRN threats.
CBRN Defense Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
The report has segmented the market on the basis of threat type, equipment, end use and region.
Breakup by Threat Type:
Breakup by Equipment:
Breakup by End Use:
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Breakup by Region:
Key highlights of the report:
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